HP....16,000 more layoffs.

16,000 MORE layoffs at HP. This is on top of the 34,000 layoffs already planned.

In the story they talk about how CEO Meg Whitman is having “success”.

Sure sales are down..... but the stock is up 13.6%,

As I have said in the past…. in business you have two choices. 1) You can sell something. 2) You can cut something. There is no other choice.

Since they can’t sell anything at HP the only option is to cut. Cut your way to prosperity.

Then all the “experts” line to praise what a great job you are doing.

I am not sure why they are stopping at 16,000. Why not make it an even 20,000. The more the better. Lay everybody off. It is the way you build a successful economy.

http://money.cnn.com/2014/05/22/technology/enterprise/hp-job-cuts/index.html?hpt=hp_t2